Brussels — Rezidor SAS Hospitality publicizes it’ll enter the mid-market section in Russia, and increase its presence to about 50 accommodations over a interval of 8-10 years. In a three way partnership with Delta Capital Administration (supervisor of The U.S. Russia Funding Fund), Sweden’s Swedfund and Denmark’s IØ (The Funding Fund for Central and Jap Europe), Rezidor SAS will initially goal principal cities like Moscow and St. Petersburg and different key regional capitals. The target is so as to add about 8 accommodations within the subsequent three years.
Nation Inn is a mid-market different for enterprise and leisure vacationers who desire a excessive stage of consolation and worth for his or her cash. The nation tradition, with its cozy ambiance and pleasant employees, is essential to the idea. There are presently greater than 325 Nation Inn accommodations throughout the U.S. and Europe.
“Whereas Russia gives large progress alternatives, its mid-market lodge section stays broadly underserved. There’s a rising demand for inexpensive, high quality lodging operated by a world lodge chain beneath an identifiable model identify. We consider that the market is there and the timing is true to increase this model throughout the huge Russian Federation,” stated Kurt Ritter, president & CEO of Rezidor SAS Hospitality.
There are presently 5 full-service, upscale Radisson SAS accommodations in Russia. Rezidor SAS is the main worldwide lodge firm in that section.
Rezidor SAS Hospitality is the grasp franchise holder for the Radisson SAS, Regent, Nation Inn and Park Inn manufacturers in Europe, the Center East and Africa. The corporate presently operates 126 Radisson SAS Accommodations & Resorts with over 37 properties beneath improvement. The Radisson SAS portfolio now extends to 40 nations.
Rezidor SAS has held the Radisson grasp franchise since 1994. Regent, Nation Inn and Park Inn joined the portfolio in 2002. Rezidor SAS operates two Park Inn Accommodations: Berlin, Germany (1), Cape City, South Africa (1), 12 Nation Inn Accommodations positioned in Europe: in the UK (2), Germany (7), and Austria (2), together with the current opening at Charles de Gaulle Airport, Paris, France. There are presently two Regent accommodations: Berlin, Germany (1) and Almaty, Kazakhstan (1). The corporate tasks that it’ll have 700 accommodations throughout all manufacturers, working throughout the EMEA area by 2012. Rezidor SAS is a completely owned subsidiary of the SAS Group.
Emily Easter
212-219-7560, ext. 6768
Radisson Lodge Group
